Vectren Energy Delivery of Indiana (Electric) - Commercial Energy Efficiency Rebates (Indiana)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Vectren Energy Delivery of Indiana (Electric) - Commercial Energy Efficiency Rebates (Indiana)|
|Incentive Type||Utility Rebate Program|
|Applicable Sector||Commercial, Fed. Government, Industrial, Local Government, Nonprofit, State Government|
|Eligible Technologies||Building Insulation, Central Air conditioners, Custom/Others pending approval, Heat pumps, Lighting, Lighting Controls/Sensors, Motor VFDs, Programmable Thermostats, Windows, Commercial Refrigeration Equipment|
|Incentive Inactive Date||2012-04-27|
|Energy Category||Energy Efficiency Incentive Programs|
|Amount|| Unitary Heat Pumps or Central Air Conditioning (New Construction): $50/ton or $75/ton|
Packaged Terminal Heat Pump or AC (New Construction): $30/ton
|Maximum Incentive|| Custom: $100,000 or 50% of the total project cost
Incentive cannot buy down project below 1.5 years payback.
Vectren Energy Delivery offers commercial customers in Indiana electric rebates for the installation of certain types of equipment in newly constructed buildings. Prescriptive equipment rebates are available for measures including lighting, heat pumps, air conditioners, ECM applications and insulation. A custom incentive program is available for projects that do not qualify under the prescriptive rebate program.
The custom rebate program offers a rebate of $0.12/kWh reduced for energy savings. The maximum rebate for the custom program is the lesser of 50% of the cost of a project or $100,000. Customers interested in the custom rebate program should contact Vectren to see if a potential project will qualify for a rebate. Prescriptive rebate forms must be completed within 90 days of the date of equipment purchase or service.
|Contact Name||Vectren Energy Delivery of Indiana|
|Department||Vectren Prescriptive Rebates|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.